Phrases with «buying group»

A "buying group" refers to a collective of individuals or businesses that come together to make bulk purchases. By doing so, they can negotiate better prices and discounts that they couldn't obtain individually. It allows them to leverage the power of numbers to access more favorable deals when buying goods or services. Full definition

Related phrases

Sentences with «buying group»

  • Investors buy groups of life insurance policies for more than their current cash value because with a large enough group of policies, they will make money from the death benefit payouts. (lifeant.com)
  • Private family health insurance will most likely be more costly than buying group insurance from one of the parents. (insuranceproviders.com)
  • The problem with buying group life insurance through your employer is that the additional monthly premiums can be VERY expensive, especially if you're relatively young and in good health. (treesfullofmoney.com)
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